U.S. diplomatic footprint in China shrinks as tensions…

WASHINGTON — The Trump administration closed its consulate in the southwestern Chinese city of Chengdu on Monday, reducing America's diplomatic footprint in the world's second-largest economy as relations between Washington and Beijing hit a boiling point. The U.S.…

TSMC jumps nearly 10% adding $34 billion in…

Signage for Taiwan Semiconductor Manufacturing Co. (TSMC) is displayed at the company's headquarters in Hsinchu, Taiwan, on Wednesday, June 5, 2019.Ashley Pon | Bloomberg via Getty ImagesTaiwan listed-shares of TSMC rallied on Monday after U.S. chipmaker…